WEC Energy Group (WEC) Gets a Sell Rating from Credit Suisse


In a report released today, Michael Weinstein W. from Credit Suisse maintained a Sell rating on WEC Energy Group (WEC), with a price target of $77.00. The company’s shares closed last Wednesday at $92.91.

According to TipRanks.com, W. is a 5-star analyst with an average return of 22.2% and a 61.8% success rate. W. covers the Utilities sector, focusing on stocks such as Nextera Energy Partners, Pinnacle West Capital, and Consolidated Edison.

WEC Energy Group has an analyst consensus of Hold, with a price target consensus of $92.50.

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The company has a one-year high of $109.53 and a one-year low of $68.01. Currently, WEC Energy Group has an average volume of 1.56M.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WEC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Integrys Energy Group is a leading Midwest energy company. Our subsidiaries and people are focused on our mission to provide customers with the best value in energy and related services. Integrys has six regulated utility subsidiaries, including Wisconsin Public Service, Peoples Gas, North Shore Gas, Upper Peninsula Power Company, Michigan Gas Utilities and Minnesota Energy Resources. Our nonregulated energy subsidiary, Integrys Energy Services, is a natural gas, electric and alternate fuel supplier, also providing energy management and consulting services in the United States. Our business unit Trillium CNG is a leading provider of compressed natural gas (CNG) to fleets across the U.S. and also offers complete CNG facility design, construction, operation and maintenance services. Integrys Business Support, a business services company, provides innovative, cost-effective services and solutions to support Integrys’ operating subsidiaries in meeting business goals. In addition, we have a 34% equity ownership interest in American Transmission Company, an electric transmission company operating in Wisconsin, Michigan, Minnesota, and Illinois.

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